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ARTICLE · 24 SEPTEMBER 2020

BIGG Digital Assets Inc. Completes C$525,000 Non-brokered Private Placement

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On September 17, 2020, BIGG Digital Assets Inc. (the Company or BIGG) announced closing of a non-brokered private placement, subject to regulatory approvals, for gross proceeds of $525,000...

CanadaTechnology
Stephen Robertson
Stephen Robertson
Julie Bogle
Julie Bogle
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On September 17, 2020, BIGG Digital Assets Inc. (the Company or BIGG) announced closing of a non-brokered private placement, subject to regulatory approvals, for gross proceeds of $525,000 (the Private Placement) to Indigo IP Holdings Ltd. (Indigo) and a private investor, through the issuance of 2,282,609 units (the Units) of the Company at a price of $0.23 per Unit, each Unit consisting of one common share and one warrant exercisable for one common share at a price of $0.27. An additional 114,130 Units were issued to cover investor costs associated with the Private Placement.

Indigo is an investment arm of Calvin Ayre, a key investor and advocate of Bitcoin SV (Satoshi Vision). Bitcoin SV is the Bitcoin blockchain that follows creator Satoshi Nakamoto's original protocol and design for massive scaling. It recognizes Bitcoin as more than just a digital currency and blockchain, but also a protocol for the world's data network similar to Internet protocol. The

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